Common use of Life and Other Insurance Clause in Contracts

Life and Other Insurance. The Company will, at its expense, provide or arrange for and keep in effect, during the term of Employee's employment hereunder, so long as he is insurable, (i) a term life insurance policy in the amount of $500,000, the beneficiary of which shall be named by Employee, and (ii) such group term life insurance, accidental death and dismemberment insurance and long term disability insurance, or their equivalents, as is provided from time to time for executives of the Company holding positions and responsibilities comparable to those of Employee.

Life and Other Insurance. The Company willshall, at its ------------------------ expense, provide or arrange for and keep in effect, during the term of Employee's employment hereunder, so long as he is insurable, (i) a term life insurance policy in the amount of $500,000, the beneficiary of which shall be named by Employee, and (ii) such group term life insurance, travel accident, accidental death and dismemberment insurance and long long-and short-term disability insurance, or their equivalents, as is provided from time to time for executives other senior executive officers of the Company holding positions and responsibilities comparable to those of EmployeeCompany.

Life and Other Insurance. The Company will, at its expense, provide or arrange for and keep in effect, during the term of Employee's employment hereunder, so long as he is insurable, (i) a term whole life insurance policy in the amount of $500,000300,000, the beneficiary of which shall be named by Employee, and (ii) such group term life insurance, accidental death and dismemberment insurance and long term disability insurance, or their equivalents, as is provided from time to time for executives of the Company holding positions and responsibilities comparable to those of Employee.

Life and Other Insurance. The Company willshall, at its expense, provide or arrange for and keep in effect, during the term of Employee's employment hereunder, so long as he is insurable, (i) a term life insurance policy in the amount of $500,000, the beneficiary of which shall be named by Employee, and (ii) such group term life insurance, travel accident, accidental death and dismemberment insurance and long and short term disability insurance, or their equivalents, as is provided from time to time for executives of the Company other wholly-owned subsidiaries of World Access holding positions and responsibilities comparable to those of Employee.